Open iT, Inc.

Take Charge of Your Software Licenses by Tracking them

We are frequently surprised by the number of organizations who rely on  license management software supplied by vendors to manage their software portfolio. First of all, these applications are designed to maximize income for the vendor, not minimize wastage and spend for the customer. IBM even draws Maximo customers’ attention to this, stating that IBM …

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Stay in Control with Software License Management Tools 

You can make substantial savings on licenses by analyzing the tracking data obtained through the software license management tool and acting on it along the road to license optimization in your organization. There are many cost-saving opportunities that the diligent license administrator can explore across all  different vendor products in the company portfolio. However, it …

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Two Practices with a Common Goal – ITAM and FinOps 

The rapid growth of cloud-based IT necessitated a discipline to manage the costs and complexity of entrusting much of an organization’s IT environment to one or more third parties. This materialized as FinOps, designed and structured by the FinOps Foundation. At first, the focus was on the three hyperscale cloud providers (AWS, GCP and Azure), …

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IT Chargeback – create a culture of accountability and reduce IT costs

Companies that strive to incorporate accountability and responsibility in their processes reap benefits that contribute positively to their goal of creating and maximizing value. Advancements in technology make it easier for management to implement strategies focusing on bringing change to their organizational culture to improve efficiency and generate cost savings. IT chargeback is one of …

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